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PROBLEMY STREFY EURO

100%
EN
The official rescue loans recently granted to a number of the Eurozone states cannot be treated as being in lieu of reforms that must be implemented in those countries in order to improve their economy, which they need so much to regain confidence of financial markets. There are two major structural weaknesses of the single currency (Euro) identified in literature: (i) the uniform monetary policy is incapable of accounting for differences among individual member states and single currency renders devaluation in Eurozone impossible; (ii) the eurozone exists without the ‘political union.’ The paper contains an analysis of the legitimacy of both theses.
PL
Oficjalne kredyty ratunkowe dla niektórych krajów w strefie euro nie mogą zastąpić tam reform, które – poprawiając sytuację gospodarczą – pozwolą odzyskać owym krajom zaufanie rynków finansowych. W literaturze wymienia się dwie główne strukturalne słabości wspólnej waluty (euro): 1. Jednolita polityka pieniądza nie jest w stanie uwzględnić odmienności sytuacji poszczególnych krajów, a wspólny pieniądz nie pozwala na dewaluację w obrębie strefy euro; 2. Strefa euro istnieje bez „unii politycznej”. Artykuł analizuje zasadność tych tez.
Tematy i Konteksty
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2019
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vol. 14
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issue 9
93-108
EN
The paper is devoted to the analysis of various models and spaces of the Union with reference to Ukraine. The perspective of the religious, political and cultural union was taken as a starting point. Using selected examples and based on the rich literature of the subject, a review of the activities of the Union from the 10th century to the present has been made. An important element of the study was the demarcation of activities unifying inside and outside of one’s own national community. This allowed for more accurate tracing of the mechanisms of community gathering around a particular idea or its rejection. From the reconnaissance it can be concluded that for the Ukrainian space the unification activities were the most favorable, which was marked by the centripetal, convergent and ukrainocentric vector.
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